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FHLBNY ADVANCES (Tables) | 6 Months Ended
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Jun. 30, 2022
FHLBNY ADVANCES [Abstract] |
Summary of FHLBNY extinguishments |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended June 30, | ​ | Six Months Ended June 30,
(Dollars in thousands) | ​ | ​ | 2022 | ​ | ​ | 2021 | ​ | ​ | ​ | 2022 | ​ | ​ | 2021 | ​
FHLBNY advances extinguished | ​ | $ | - | ​ | $ | 78,900 | ​ | ​ | $ | - | ​ | $ | 209,000 | ​
Weighted average rate | ​ | ​ | - | % | ​ | 0.33 | % | ​ | ​ | - | % | ​ | 1.31 | %
Loss on extinguishment of debt | ​ | $ | - | ​ | $ | 157 | ​ | ​ | $ | - | ​ | $ | 1,751 | ​
Schedule of contractual maturities and weighted average interest rates of FHLBNY advances |
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2022 |
(Dollars in thousands) | ​ | ​ | ​ | ​ | Weighted |
Contractual Maturity |  | Amount |  | Average Rate |
2022, fixed rate at rates from 1.63% to 1.64% | ​ | $ | 100,000 |  | 1.63 | %
Total FHLBNY advances | ​ | $ | 100,000 |  | 1.63 | %
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2021 |
(Dollars in thousands) | ​ | ​ | ​ | ​ | Weighted |
Contractual Maturity |  | Amount |  | Average Rate |
2022, fixed rate at 0.35% | ​ | $ | 25,000 |  | 0.35 | %
Total FHLBNY advances | ​ | $ | 25,000 |  | 0.35 | %

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- Definition Tabular disclosure of contractual maturities and weighted average interest rates of FHLB advances. + References No definition available. + Details
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- Definition Tabular disclosure for extinguishments for Federal Home Loan Advances. + References No definition available. + Details
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